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Shell company building

July 30th, 2026 - 09:20 GMT

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...

Total value of the country's exports stood at $24.4 billion in the first seven months of this year

October 27th, 2019 - 10:00 GMT

Iran: Country’s Economy Remains Stable Despite Re-Imposition of US Sanctions

Twitter expects its total revenue for the fourth quarter to reach between 940 million dollars and 1.01 billion dollars

October 27th, 2019 - 09:30 GMT

Twitter Posts 9 Percent Growth in Q3 Revenue, Hit $824 Million

The UAE compares favorably with many countries in the e-commerce business, especially in the online retail business.

October 27th, 2019 - 09:00 GMT

Dubai Reinforces Its Position in the Global E-Commerce Business

UAE and UK share close ties across an array of sectors.

October 27th, 2019 - 08:30 GMT

UAE Mulls Bilateral Cooperation with UK in 3 Vital Fields

Tunisia has expected to receive a record 9 million tourists by the end of 2019

October 27th, 2019 - 08:00 GMT

Tunisia Welcomes 7.5 Million Tourists in 10 Months

Income tax exemptions decreased by 20 percent compared with last year.

October 27th, 2019 - 07:30 GMT

Morocco’s Tax Exemptions Down 3 Percent, Total $3 Billion in 2019

The volume of non-oil deals concluded by Saudi Arabia amounted to approximately USD170 billion

October 27th, 2019 - 07:00 GMT

Saudi Arabia's Non-oil Deals Hit $170 Billion Since 2016

Saudi Arabia had set out a clear strategy for economic diversification and development through its Vision 2030 reform plan

October 26th, 2019 - 03:00 GMT

Saudi Arabia’s Economy Could Create 124,000 Jobs by 2030 in Tech Sector

Analysts expected Egypt’s gross domestic product (GDP) growth to slow to 5.5 percent in the 2021/22 fiscal year.

October 26th, 2019 - 01:00 GMT

Egypt’s Economy to Grow at 5.5 Percent in Fiscal Year 2019/20

Jordan’s new ranking as “one of the biggest jumps in the history of the Kingdom

October 26th, 2019 - 11:00 GMT

Jordan Soars 29 Places in World Bank’s Doing Business 2020 Report

China’s crude oil imports from Tehran were 538,878 tons last month.

October 26th, 2019 - 09:00 GMT

Saudi Still China’s Largest Crude Oil Supplier

Regionally, other countries also introduced a host of reforms, especially Saudi Arabia, Bahrain and Kuwait as all these were rated among top 10 improvers.

October 24th, 2019 - 11:18 GMT

Report: UAE Best Country in MENA for Doing Business